How CEO Anthony Petrello Encourages Philanthropy At Nabors Industries

As a resident of Houston, Texas, Anthony Petrello saw for himself how devastated the city was by Hurricane Harvey. He decided to do what he could to help people recover. As the chief executive officer of Nabors Industries, there was a lot that he could do as it turns out. He and his team at Nabors Industries hit the ground running once the storm had moved out of the area.

After the coast was clear to come out of homes many of Nabors Industries employees started to help out with relief efforts. They went to some of the hardest hit areas to help people who had lost everything. Anthony Petrello let everyone know that they could take time off work to help others out and not miss any pay.

The employees of Nabors Industries also worked together to raise money as relief contributions. They were able to raise a total of $173,6222. As CEO of the company, Anthony Petrello matched this amount with his own donation to what came to be called the Nabors Disaster Relief Fund.

Nabors Industries employees are often active in the communities in which they live and work. They help out with events such as fundraisers and community projects. Anthony Petrello encourages this behavior because he knows that when running a business it’s not always just about the bottom line but also being a positive force in the broader community.

Anthony Petrello has been with Nabors Industries since 1991. Under his leadership it has become one of the largest companies in the oil and natural gas industry. Prior to working for Nabor Industries he had been an attorney at law in one of the most prestigious law firms in New York City. After he did some legal work for Nabors Industries they had enticed him to moved to Houston and become one of its top executives.

Another cause that is very important to Anthony Petrello is childhood mental disorders. His daughter has cerebral palsy and he found out that many childhood mental disorders are relatively misunderstood due to a lack of funding for research. He searched for a hospital that did have a research department and one was in his backyard, Texas Children’s Hospital. He and his wife made a donation of $7 million to this hospital to help with research efforts and they have pledged to donate another $2 million in the near future.

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